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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
OPERATING REVENUES $ 944,955 $ 783,531
OPERATING EXPENSES    
Fuel and purchased power 394,504 265,269
Operations and maintenance 250,080 218,342
Depreciation and amortization 191,906 186,605
Taxes other than income taxes 57,138 57,998
Other expenses 610 825
Total 894,238 729,039
OPERATING INCOME 50,717 54,492
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 15,061 9,747
Pension and other postretirement non-service credits - net (Note 5) 9,865 23,809
Other income (Note 9) 6,077 1,704
Other expense (Note 9) (4,131) (3,422)
Total 26,872 31,838
INTEREST EXPENSE    
Interest charges 88,119 65,389
Allowance for borrowed funds used during construction (12,722) (4,482)
Total 75,397 60,907
INCOME BEFORE INCOME TAXES 2,192 25,423
INCOME TAXES 1,183 4,161
NET INCOME 1,009 21,262
Less: Comprehensive income attributable to noncontrolling interests 4,306 4,306
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (3,297) $ 16,956
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING — BASIC (in shares) 113,358 113,102
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING — DILUTED (in shares) 113,358 113,295
EARNINGS PER WEIGHTED-AVERAGE COMMON SHARE OUTSTANDING    
Net income (loss) attributable to common shareholders - basic (in dollars per share) $ (0.03) $ 0.15
Net income (loss) attributable to common shareholders — diluted (in dollars per share) $ (0.03) $ 0.15